Follow Prime Minister Haider Al-Abadi’s Official Website & Twitter

Iraq’s Prime Minister Al-Abadi sitting with Keywords – the CBI’s Governor.

Happy Monday my Dinar Friends,

I was just sharing this info with our friends in the Skype Room, and I thought I would share it out here in the open, just in case you also wanted to “follow” Iraq’s Prime Minister.

Official Website:  http://www.pmo.iq

Official Twitter: https://twitter.com/HaiderAlAbadi

And just as a reminder – here is the OFFICIAL info for the Central Bank of Iraq:

Official Website:  http://www.CBI.iq

Have a GREAT week!  

~ Mr. IQD

P.S.  Only about a week left before my BIG 3rd Year Anniversary is Announced on April 1st, 2015…..  Stay tuned!

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TGIF – Important Announcement coming April 1st 2015

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Hello my fellow Dinarians,
I’ll make an important announcement on my 3rd year anniversary coming 4/1/2015.

Stay Tuned……..

~ Mr. IQD

NEWS!  WELL – THIS IS ENCOURAGING!!!!!

Happy “Taco” TUesday,

I just had to share this News from our friends at the IQD Team!

LINK:  

@TheIQDTeam: Between speculators and the central procedures dollar exchange rate up to the highest rate in two years http://t.co/MDquDP9d59/s/tbxc

FULL ARTICLE:

Between speculators and the central procedures dollar exchange rate up to the highest rate in two years

Tuesday 10 March 2015 12:50

Alsumaria News / Baghdad

Continuous rise in the price of the dinar against the dollar despite the central bank action to maintain stability, what is the secret of this rise after years of relative stability? And how they can be met, whether caused by a contraction of the dollar amounts of the market? 

During the past two months have seen the Iraqi market, a gradual rise in the dollar’s exchange rate against the dinar, currently up to 1228 dinars to the dollar, the highest rate up to the exchange rate during the past two years, and while specialists Financial considered that a bubble is due to appear for the speculators, that the experts confirmed This increase was the result of the budget law, which reduced the amount of dollar selling in the auction.

And confirms the Governor of the Central Bank on the relationship, “The rise in the dollar price in the market is slightly due to speculators,” explaining that “this increase came after the Bank has developed new mechanisms to sell the dollar at the auction.”

Illustrates the relationship in an interview with Alsumaria News for, “This rise is due to speculators in the dollar and some groups that were subsist on the bank auction before,” he said, adding that “the bank expected for such a rise in the dollar, which is unjustified and unreasonable and real at the same time “.

Keywords and pointed out that, “This rise is considered normal when you move from one stage to another or from one mechanism to a new mechanism to sell the currency.”

For his part, Economic Adviser to the Prime Minister says the appearance of Mohammed Saleh in an interview with Alsumaria News’s, “The rise experienced by the dollar in the market currently in front of the Iraqi dinar is just a bubble because there are some speculators and Translated in the market,” he said, adding that “the dinar is very strong and is covered by one and a half of hard currency. “

Saleh stresses that “the bank has enough to dispel these procedures bubble within a few hours of shut down and restart the situation to what it was previously.”

As a member of the Economic Committee Najiba Najib Afqatol in an interview with Alsumaria News’s, “The budget bill for the current year 2015 included a restriction or condition within one of its articles, which can not exceed the sale of the bank conducted by more than $ 75 million per day auction, indicating that” the new procedures to sell the currency imposes the existence of documents of any order to buy the dollar by the Bank to participate in the auction banks, and these amounts can be obtained only after 15 days. “

Najib confirms, that “the central bank introduced an appeal to the Federal Court to cancel this requirement in the budget, unexpected gain appeal there to be free to sell the dollar auction the bank, and therefore this will be reflected in the reduction of prices of the dollar.” 

He says economist Hilal Tahan said in an interview for the Sumerian News, “The budget bill for the current year reduced the central bank sales of $ 300 million to $ 75 million a day, causing a rise in the dollar markets.”

Miller adds, “The rise of the dollar against the euro prices worldwide and sterling was another reason for the rise locally, and that the dollar supply in the domestic market is very small, which led to a rise to 1228 dinars to the dollar.”

The dollar price in the local market before the Iraqi dinar gradually up to 1228 dinars to the dollar, compared to 1225 thousand dinars to the dollar over the past month and 1,200 dinars to the dollar through the end of last year 2014.  

~ Mr. IQD

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HOT! Announcing the NEW CBI Governor is…

Happy Wednesday Dinarians,

I checked the CBI.iq website today – and guess what?….

Dr. Turki’s photo was replaced today!

Announcing: “Governor Agency : Mr. Ali Mohsen Ismail” (aka Keywords) 

Feb 4 2015 - Screen Shot of the CBI.iq website

Feb 4 2015 – Screen Shot of the CBI.iq website – Click image to visit CBI.iq

Now, frankly it is my understanding that Mr Mohsen (aka Keywords) is only an “interim Governor” until the new Prime Minister Abadi appoints a new CBI Governor who will serve out a full 10 year term.

I have read news articles from back in early and mid December 2014 where Abadi had said that he wanted Dr. Shabibi to take over the CBI once he was acquitted of the legal charges which were put on him by Maliki several years ago.

The very same Judge who originally issued the warrants for Dr. Shabibi’s arrest had issued an acquittal in December 2014.  This was immediately challenged by Keywords and Maliki – but that decision by that Judge as far as I’m aware was upheld and not reversed.

So, it is my conclusion that Dr. Shabibi should be fully exonerated of those trumped-up changes, and should be eligible to be appointed by Prime Minister Abaidi to be the Governor of the CBI.

Why Mr. Ali Mohsen Ismail now has his picture on the CBI.iq website has me at a bit of a loss.  But, perhaps the title of “Agency Governor” which is placed before his name means something?  I feel it should simply read: “Governor” if he is infact the Governor of the CBI.

Furthermore, I checked the CBI’s “News” section (in both the English and Arabic section) and did NOT find an official Announcement issued today, or even within the past few weeks stating that Keywords was the new CBI Governor!

If he was, should not that Announcement have been put on their website along with his picture?

I’m frankly suspeicious of Mr. Ali Mohsen Ismail because he was quickly appointed as the interim Governor as one of Maliki’s very last acts as Prime Minister last year!  

So, I can’t help but think that with Maliki’s track record of installing corrupt people (aka Dr. Turki) why would Prime Minister Abadi want to keep “Maliki’s Wolf in the hen house”???

I’ll keep digging and watching – maybe this is important, maybe not.  Do you have any suggestions?  Let me know!

~ Mr. IQD

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News! Is the CBI strategizing to “RV” the IQD?

Happy Monday DINARIANS!

Wow what a surprise ending to yesterday’s SuperBowl Game!!! Best news for me is I won $100 in the Football pool.

So, on to my opinion and IRAQI CBI news, courtesy of our friends at the The IQD Team!

My Opinion: I THINK THIS A STRATEGY BEING INITIATED BY THE CBI TO GET IQD OFF THE STREETS!!!

@TheIQDTeam: Dinar fall against the dollar after the central bank’s actions and recommendations budget http://t.co/T7k96maNhw/s/b66l

@TheIQDTeam: Keywords: There is a great desire among the blocks national reconciliation http://t.co/T5S3KgzsuX/s/o_0X

@TheIQDTeam: Economic Commission attributes the rise of the dollar against the dinar to the decisions taken by the Central Bank http://t.co/zkGhjlUTEn/s/nz9T

@TheIQDTeam: Cabinet Secretariat discussed with the governor of the central bank to maintain the dinar exchange rate http://t.co/0QBrhV1Inx/s/i0_2

@TheIQDTeam: Dollar exchange rates due to reduce hard currency raised by the Central Bank http://t.co/TGjrMWp87l/s/f19U

My Opinion: WHY “SO SUDDENLY” WOULD THE IQD LOSE VALUE AGAINST THE US DOLLAR WHEN IT SHOULD HAVE LOST VALUE WHEN MALIKI WAS IN POWER????……

I SAY BULLS#!T – I THINK THEY WILL USE THIS TO POSSIBLY RV THE IQD PERHAPS SOONER THAN EXPECTED!!!

WHAT DO YOU THINK?

~ Mr. IQD

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Super Bowl Half-Time IRAQI Update….

Cool Iraqi News….

@TheIQDTeam: The parliamentary energy: OIL AND GAS LAW TO PARLIAMENT NEXT WEEK http://t.co/0czPjuxmes/s/g-YL

@TheIQDTeam: In the first auction of the dollar after the central determining Mbaath..alpennek sells less than $ 75 million http://t.co/ooPjSUx5ql/s/W_t-

@TheIQDTeam: Central Bank to take decisions to support the development and economy http://t.co/KYlKKZMEiU/s/I9wU

@TheIQDTeam: Central rushing legislation Deposit Insurance Act and declares his coverage of the accounts in banks abroad in… http://t.co/jLsf9fcc6C/s/y_aP

@TheIQDTeam: Rafidain Bank .. introduction of ATM depends on the zeros out currency~~Flashback~~Thanks Going Global http://t.co/y9UbZS40Im/s/i3Ab

NOW BACK TO KATIE PERRY AND THE HALF-TIME SHOW! LOL!!!!

~ Mr IQD

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EVEN MORE NEWS CONFIRMING THAT IT IS PASSED!!!

Thanks to the IQD Team!

@TheIQDTeam: Urgent National Alliance describes approving the budget, the great achievement http://t.co/IHYkwATJcJ/s/ZFE5

@TheIQDTeam: Iraqi parliament approves 2015 budget worth $105b | http://t.co/CCE9sbmZcC/s/41wW http://t.co/2xpcME3iVh/s/4Xlp

@TheIQDTeam: Iraq’s parliament approves 2015 budget following weeks of debate on lower oil prices http://t.co/1xb5RkGq1q/s/c_HT via @WSJ